New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-01-03

greater In 1886 than In 1895. and only S11!ooo'o"o
smaller than in 1884. The following table gives tho
gross movements and net results OF three wears:
THE NATIONS COMMERCE.
Merchandise
"A: ?$o:e De-: s5s sss5s 's7a
Total varuo. COS 2ss si2s5 ois 81 ac Osao.a
pcrts OF e sl2olOi 5os siloes7soo sie7Aa7os
Goid
Import: '2 9SssSt4 ' !lisst5 'sss,
'E %cnt ,,... s0s9o59Os si5.o5aO73 ssoo3o.i+o
Excess OF eI. . .,,,,c o,
Excess Of i'm .o-o
porb.......- Sl.'-~o'''o ''''''''''''
Siirer.
Import: 'fs ssSa SO asGf 'fssssss33
lD %snt moVc si5ocs52, slO,i7s3 si9459.5a7
bSrt. 0, OK slLo5s.e7i sl5.6oa3oI sloO73,,5s
December estimated.
The foreign commerce OF NewYork shows an aggregate
total Of merchandise movement Of oooOoo more "h
that Of $50 and ~ 100000 more Than that OF iHSt
80 caan 600 n ,p tban for sS5 and $40 600 900
grcgatc values ana the net results for three years:
TIE comMERcg or NETWORK.
Mcrchandc
Year. ended Dec g. 7,l - -. 80, .ai ~. coo
Imports ....... 4lsse72i3 &''lao ''' 4''2o'S7d
Total vAlpc, s7'oi5. 500 .l9:. Is? 81 o, c
GoLf md Siccr
ss3S So- '2 g s 23 st3 3sss
To, 20 t,ts,oS+, - 1 20, 90 90
opv preceding year att-tcd 10y the returns OF III"
fnr ycrs they have been rcaer than IN 1881 and
isS5 and give Satisfactory results ,,. 3D., H.
.f
financial circles briefly stated IN Their CHRONOLOGICAL
"'1s ',nyrhc general tendency In financial and com
ucr,iaI circles during the inst nth ~ Ia" Year vas
nya,,i- dnue-- ami lover prices Heavy snp" storms
w. ,h WI and %"rtiwc.i aud extreme cod thronehout
the country retarded business AMI lei I" reports ol r.
drccd earnings by the rarp,ds The Iainof"an ONO
ordered an omen of - In passenger rates hci"crh
New York and chicago nj c"r"7nh llht t,si '"h7 "
other pont- br low rate. were not met bY TIC other
Trunk lines which showed strong determination !" riAl
10y each other Mr. GoNcn was elected pr'-"'nt OF thc
Phila lclphia and Reading ana Iuh"I' "' u"l' ln nv
coal trade were Money hc'am" extremely easy
during the cary part OF ID" month aud ""onmn' ne
prevailing rate on call being =" pr 'c,. ~, h1t"
of England reduced liz omit rate from Ia per cent:
discount rate in ia" open ma let ~ London zen
per cent. Tie surplus reserve" OF lhe Ntw "ln y,
eornte,l Banks increased over SlI.'W'"",
The shipment, Of gold ia Europe were n-Hh,i
In small quantities duInS TIE st'"ua W." y,
January while there va. constant No." "'
money from interior banks n his city senator II"ar IA
of the Indebtedness Of The aIc ral"d' and ecnaioi
sherman iniio uccd hll Ia SUSPEND TIE luiih"r c"tEo
silver bullion The stock market was dhlI ana Wl'-
ltl
n t1ner tone provailc however ~ l,c '"''' anu P"'
ton Of the earlier losses recovered.
FEBRu, RYrhc most important incidc NJ OF Tue mourn
IN financial crclc- wa ne announcement ,',, S,u,
ca. headed hy Drrxc, Morgan Co.. ana win a pltiSc
Of ~ JOOOOOO. had undertaken the work "t r'orG lh"
the Philnicplia aui Ic ding CoinpnnN The coal
stocks exhibited great huoyaucy and the whole -t"k
market became strong hut later IN tie month prizes were
some What unsettled of oi;ion to the pro
posed Recalling reorganization scheme aud Nnh1 qnch'V
hat been nn"'i so 70 , ug' ,r,"smninenta rates
Wand hiil
Ing stock trans.errchtn Mr. Austin C0fhih ihc
Chancellor ~ Sew jersey decided iha' the loan of VA,
NcwJcr.oy Central Road ~ the Reading ominl SHOULD
Tcurr.s, Niri,niI and t,corga and the Buffalo, New
York and lnila iclphia railroads were made public
hi! st'tc in iny@s in M,s"nn state bonds Money
cail wac u To per most OF the month, with the
rate occasionally high as aud per cent Bet com
mrrcin paper fodnd ready market AT 3Aa3h per cent,
and loan, 10 the city were made q per cent for
the rest Of the year In London inc dI',"nnt t"t ~ M
o. On market fell 10 81 per cent ani the Bank OF England
reduced The minimum rate to per cent Pilc- OF slo'rS
were little higher for the general i'th we r"'c in'' =.
the beginning OF the month. but the coal stocks showed
large sins Railroad bonds strong and III constant
demand The illinois central negotiated portion :" s
81 per cent gold bonds, which the syndicate harAc'c "
IOI ga 1903.
MAncm.-Conndcnce in the value Of securities was vas
greatly disturbed by me labor srsrs ,nn hv the
Knights OF Labor the Missouri Pacihc system o ran
rnads General business was dull apd the iron and
steel trades appeared respond Ia the general feeling 81
insecurity Large shipments Of gold to Europe were
mad. tor to iho last week the month the exports
from tis port anonniing $9,ooo,00o Exchange
rates declined considerably, however. during the last
r"rnris INV Of a scttcment Of the strike In the
Southwest. synopsis OF the Reading rcorgahlIalnh
scheme was published and Mr. Corbin joined the syn
cate An adj made In the freight rates IRON t9
West scaboari ON live stock ahd dressed pec "
trunk lines Rates generally hrnly hcld Secretary
Manning was Frustrated by Sciou, Illness Money on
cali showed hardening tendency during the latter part
of the month S@G 1a,Ss sh we're %s to Se pcr ecH
Tie stock market was dull a and the ,a n"yS
by report regarding the Roaming reorganization al mo
labor difficulties. Prices at me close were ee ,nnip
The Western Union directors declare scrip d'ochu VI
y per cent a.,
ArniI--rhe labor troubles continued TO deInoiaiin
bu.ncas and disturb confidence In nroad securities 10
the ike on roads was added tc iho
Shore strike. the tieup The Third Avenue roaa III '
city and nfrikcs III other branches Oh D'isin'ss on,
look mt the the month however. soneWhh.
more favorable. The anthracite coal loi,.ihs com
Ianlcs agreed upon scheme for controlling the OUTPUT
of the mines for the coming year. Thc Central Irho
Association refused to reduce rates to compete WIN inc
wafer route and late In the month rates were csoIeh
between Chicago AMI ST Paul and other points III me
NurIbWcs Passenger rates between New YORK ana thc
West were fully restored the OF this inonlh INC
Baltimore AMI Ohio reduced It's emiannial nislncn"
from , TO per cent consolidation was completed DC
tween the Atchlson, Topeka and santa fc ana the ou
Colorado and santa Fc roads. The wabash ROAD was
sold under foreclosure to purchasing committee OF boh
holders. The Chesapeake ana ONO reduced s cah PAY
,ueuts of interest Glass Is bonds from one nan 10
third OF the full amount OF the coupons, the paD
being paid IN scrip Inc stock market was invuseS ,i
sufficient 10 establish quotations. ana prices were uu
settled Money easy AT ea3 per cent, win most OF
the business done at 2d2ia per cent deheLu puSihe,a
WAS dull and LITTLE commercial paper in the market
Bad weather and heavy foods added 10 the apor rouoes
MaY-Tbe Socialist outbreak In Chicago occurred dur
ing the frat the month and IL was followed Ivy
decided depression In value, at the STOCK
70 the supervision OF Tasker Marvin Before ths snu VI